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Conjunctivitis Treatment Market Size

Report ID: GMI8377 Published Date: March 2024Report Format: PDF
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Conjunctivitis Treatment Market Size

Conjunctivitis Treatment Market size was valued at USD 4.1 billion in 2023 and is expected to grow at a CAGR of 4.8% between 2024 and 2032. The anticipated rise in conjunctivitis prevalence is expected to drive market growth. The burgeoning prevalence of conjunctivitis worldwide is poised to serve as a primary catalyst propelling market size. This surge can be attributed to various factors, including viral outbreaks, bacterial infections, allergies, environmental influences, contact lens wear, and increased global travel.

 

Conjunctivitis Treatment Market

Notably, over 80% of acute conjunctivitis cases are diagnosed by non-ophthalmologists such as primary care providers, pediatricians, and nurse practitioners, imposing a significant burden on the healthcare system with costs amounting to millions annually. Furthermore, the CDC underscores conjunctivitis as a global concern, with diverse and evolving microbial causes contributing to its escalating prevalence. As a result of this mounting prevalence, the market for conjunctivitis treatment is anticipating witnessing robust expansion.

 

Conjunctivitis treatment refers to the medical interventions and procedures aimed at managing and alleviating symptoms associated with conjunctivitis. This condition involves inflammation of the conjunctiva, the thin layer of tissue covering the white part of the eye and the inner surface of the eyelids.

 

Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

What is the value of the conjunctivitis treatment market?+

The market size of conjunctivitis treatment reached USD 4.1 billion in 2023 and is set to cross USD 6.3 billion by 2032, owing to the rising prevalence of conjunctivitis from viral outbreaks, bacterial infections, allergies, environmental influences, and increased global travel worldwide.

Why is the use of anti-allergic drugs in conjunctivitis treatment growing?+

The anti-allergic segment is expected to reach USD 4.1 billion by 2032, due to the rising prevalence of allergic conditions, such as allergic rhinitis, allergic conjunctivitis, and asthma.

How big is the North America conjunctivitis treatment industry?+

North America market was valued at USD 1.6 billion in 2023, due to growing awareness of conjunctivitis and its treatment options among healthcare professionals and the general population in the region.

Who are the key leaders in the conjunctivitis treatment market?+

AFT Pharmaceuticals, Ajanta Pharma Limited, Alembic Pharmaceuticals, Bausch & Lomb Incorporated, Cipla, Inc., JAWA Pharmaceuticals Pvt. Ltd., Novartis AG, NicOx SA, and Ocular Therapeutics, Inc., are some of the major conjunctivitis treatment companies worldwide.

Conjunctivitis Treatment Market Scope

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